Wabash National (NYSE:WNC) Issues FY 2025 Earnings Guidance

Key Points

• Wabash National has updated its FY 2025 earnings guidance, projecting an earnings per share range of -1.300 to -1.000, which is below the consensus estimate of -0.608.
• The company expects to generate $1.6 billion in revenue for FY 2025, compared to a consensus estimate of $1.8 billion.
• Wabash National's stock has recently decreased by 6.4%, trading at $9.98 with a current market capitalization of $417.90 million.
• In institutional investing, Millennium Management significantly increased its position in Wabash National by 864.3%, acquiring an additional 411,889 shares.

Wabash National (NYSE:WNC - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of -1.300--1.000 for the period, compared to the consensus EPS estimate of -0.608. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.8 billion. Wabash National also updated its Q3 2025 guidance to -0.300--0.200 EPS.

Wall Street Analyst Weigh In

Separately, DA Davidson lifted their target price on Wabash National from $7.50 to $9.50 and gave the company a "neutral" rating in a research report on Monday, June 23rd.

Wabash National Price Performance

Shares of Wabash National stock traded down $0.04 during midday trading on Tuesday, hitting $10.38. 294,644 shares of the company traded hands, compared to its average volume of 1,021,528. The firm's fifty day moving average price is $10.09 and its 200-day moving average price is $11.13. The stock has a market cap of $434.40 million, a price-to-earnings ratio of -4.30 and a beta of 1.65. Wabash National has a 12 month low of $6.78 and a 12 month high of $21.99. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.00 and a current ratio of 1.68.

Wabash National (NYSE:WNC - Get Free Report) last posted its earnings results on Friday, July 25th. The company reported ($0.15) earnings per share for the quarter, topping analysts' consensus estimates of ($0.31) by $0.16. The firm had revenue of $458.82 million for the quarter, compared to analysts' expectations of $435.75 million. Wabash National had a negative net margin of 6.38% and a negative return on equity of 7.91%. The company's revenue was down 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.64 earnings per share. As a group, sell-side analysts forecast that Wabash National will post 0.94 earnings per share for the current year.

Wabash National Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend was Thursday, July 3rd. Wabash National's payout ratio is currently -13.22%.

Institutional Trading of Wabash National

Several institutional investors have recently modified their holdings of WNC. Caxton Associates LLP bought a new position in Wabash National during the 1st quarter worth $166,000. Royal Bank of Canada increased its stake in shares of Wabash National by 93.9% in the first quarter. Royal Bank of Canada now owns 30,789 shares of the company's stock valued at $339,000 after buying an additional 14,912 shares during the period. Empowered Funds LLC raised its position in shares of Wabash National by 4.2% during the first quarter. Empowered Funds LLC now owns 202,429 shares of the company's stock worth $2,237,000 after acquiring an additional 8,205 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Wabash National by 59.1% in the first quarter. AQR Capital Management LLC now owns 224,734 shares of the company's stock worth $2,483,000 after acquiring an additional 83,473 shares during the period. Finally, Millennium Management LLC boosted its holdings in Wabash National by 864.3% in the first quarter. Millennium Management LLC now owns 459,547 shares of the company's stock valued at $5,078,000 after acquiring an additional 411,889 shares during the last quarter. Institutional investors own 97.05% of the company's stock.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.